Packaging Corp. Inks Savvy Deal

It's not just on paper that Packaging Corporation's acquisition of Boise Inc. looks smart.

With the addition of Boise (ticker: BZ), Packaging Corporation of America (PKG), the fourth-largest U.S. producer of containerboard and corrugated products, should increase its containerboard capacity by 42% and its corrugated products volume by about 30%. Combined, sales will nearly double to roughly $5.5 billion; Packaging Corp. generated 2012...